Bearish bias in EURUSD

EURUSD

The EURUSD pair finished the latest session at a close of 1.119790. This follows a 48-hour period where the price saw a bullish trend shift of 0.68 percent. This upward movement defines the current action leading into the historical comparison.

Scanning for similar 48-hour sequences identified 361 historical matches. Specifically, 227 finished lower while 134 moved higher. This results in a bearish bias with a 63 percent share of historical periods closing lower relative to their start.

The average move for bullish cases within this set reached 0.25 percent, while bearish cases saw an average drop of -0.33 percent. Combining every historical match, the move across all outcomes averaged -0.12 percent.

With 361 matches, the sample size provides a significant basis for the average. This volume of data helps stabilize the mean, showing how the market historically behaved following such a session without predicting future results.

The numbers

This is not financial advice. It is an indicator based on statistics from historical data.